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Don Johnson is a divisional manager for Chargers Company. His annual pay raises are largely determined by his division's return on investment (ROI), which has

image text in transcribedimage text in transcribedimage text in transcribed Don Johnson is a divisional manager for Chargers Company. His annual pay raises are largely determined by his division's return on investment (ROI), which has been above 20% each of the last three years. Don is considering a capital budgeting project that would require a $4,200,000 investment in equipment with a useful life of five years and no salvage value. Chargers Company's discount rate is 18%. The project would provide net operating income each year for five years as follows: Required: Compute the project's total Net Present Value. Enter Answers For: Total NPV = [NPV ] Question 9 Required: Compute the project's accounting rate of return. Round to (1) decimal place, enter number as a percent Enter Answers For: ROR=[ROR] Required: Compute the payback period. Round to (2) decimal places Enter Answers For: Payback Period = [PP ]

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